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To: Ben Ficklin
The US just needs to say that they have changed their mind, compensate those that lost money, and move on.

Compensate who, precisely? And then why? Because they "lost money?" Not very "free enterprise" of you. They gambled. They knew the hazard it was only a law,not a Treaty, and could be reversed on whim, or undercut and defeated at whim.

Well, now They lost. Tough cookies. Them's the breaks. Time for them to face the reality of life.

And take whatever financial lumps they have coming to them, then I say GOOD!

785 posted on 09/17/2007 4:09:44 PM PDT by Paul Ross (Ronald Reagan-1987:"We are always willing to be trade partners but never trade patsies.")
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To: Paul Ross
Chapter 11 was written to protect the investors from govt actions such as this.

Likewise, Chapter 20 protected Mexico. Except, in this case, Mexico doesn't have to depend on compensation. Their $2 billion per year judgment would be realized by sanctioned retaliation.

791 posted on 09/18/2007 5:15:03 AM PDT by Ben Ficklin
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